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Treasury Supervisor

Job ID: 7827

Updated: May 29, 2024

Location: Chicago, IL, United States

Category: Finance/Accounting

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About Kirkland & Ellis

At Kirkland & Ellis, we are united in our ambition and drive to move forward. We share core values that help us achieve excellence: collaboration, talent empowerment, service, inclusion, respect and gratitude. Our people are our greatest asset, and we invest in the brightest talent and encourage a diversity of perspectives and strengths to create dynamic teams that operate at the pinnacle of their field. Our talented professionals show up every day knowing they will engage in meaningful work, continuous learning and professional development.
 
As one of the world’s leading law firms, we serve a broad range of clients with market-leading practices in private equity, M&A and other complex corporate transactions; investment fund formation and alternative asset management; restructurings; high-stakes commercial and intellectual property litigation; and government, regulatory and internal investigations. We handle the most complicated and sophisticated legal matters because we don’t just meet industry standards, we create them. We bring innovation and entrepreneurialism to every engagement and, as a result, have long-standing client relationships with leading global corporations and financial sponsors. With 6,500 employees (including 3,500 lawyers) operating from 20 offices across the United States, Europe, the Middle East and Asia, we are one of the largest law firms in the world and a top financial performer.

Essential Job Functions

The Treasury Supervisor will support the management of  various aspects of the Firm’s Treasury, Partner Accounting, and Cash Management activities. This includes responsibilities specific to day-to-day banking functions and related analysis, administration and renewal of insurance policies (non-benefit), management of certain partner related matters, and special projects as necessary.

ESSENTIAL FUNCTIONS (This list is not exhaustive and may be supplemented and changed as necessary.)

  • Provide support to Treasurer and Associate Director, Treasury on various highly confidential and sensitive matters, including review of compensation arrangements, distribution memos, and loan documentation for partners
  • Support management of non-benefit insurance matters (primarily Property/Casualty, General Liability, and Workers’ Compensation), including the annual insurance renewal process, certificates of insurance, claims management, and payment of premiums
  • Prepare/update personalized Partner cash flow forecasts
  • Prepare/update new Partner orientation materials
  • Prepare/review Partner distribution upload files
  • Prepare/review partner compensation G/L activity
  • Assist in recommending borrowing strategies through cost analysis, modeling and analytics
  • Provide back-up for daily cash administration and analysis process
  • Verify and process wire payments and ACHs, ensuring proper coding and approval
  • Administer the Firm’s credit agreement, including monthly compliance reporting
  • Prepare/record Treasury specific journal entries; support external auditors information requirements during Firm’s annual audit
  • Participate in other tasks/projects as needed

Qualifications & Requirements

  • The Treasury Supervisor will have at least 5 years of previous experience in an accounting, finance, treasury, or partner accounting  role in a law firm or professional services industry, showing progressive growth in responsibilities
  • A Bachelor’s Degree in Accounting, Finance, or Business is required
  • Candidates should be detail oriented, possess strong Excel, Word and PowerPoint skills and have an understanding of finance, banking, insurance, and accounting concepts
  • Excellent communication skills (both written and verbal) and the ability to take ownership of his/her assigned responsibilities with limited supervision
  • Individuals are expected to exhibit strong customer service, be highly organized, and comfortable working in a fast paced environment

Technologies/Software

  • Advanced  Microsoft Excel, Word, and PowerPoint skills are required
  • Elite 3E
  • Familiarity with commercial banking platforms

How to Apply

Thank you for your interest in Kirkland & Ellis LLP.  To complete an application and submit your resume, please click "Apply Now."

Equal Employment Opportunity

All employment decisions, including the recruiting, hiring, placement, training availability, promotion, compensation, evaluation, disciplinary actions, and termination of employment (if necessary) are made without regard to the employee’s race, color, creed, religion, sex, pregnancy or childbirth, personal appearance, family responsibilities, sexual orientation or preference, gender identity, political affiliation, source of income, place of residence, national or ethnic origin, ancestry, age, marital status, military veteran status, unfavorable discharge from military service, physical or mental disability, or on any other basis prohibited by applicable law.

Closing Statement

The www.kirkland.com job postings and recruiting mailbox are for candidates only. If you are a recruiter, search firm or employment agency, and do not have a signed contract with Kirkland & Ellis LLP ("K&E") and have not been asked specifically to submit candidates, you will not be compensated in any way for your referral of a candidate even if K&E hires the candidate. Direct contact with K&E employees in an attempt to present candidates is inappropriate and will be a factor in determining any future professional relationship with the Firm. #LI-ML1 #LI-Hybrid